123 W Oak St APT KChicagoIL60610
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chicago at 123 W Oak St APT K, Chicago, IL, 60610 offers $4,966/mo rent that, after a $7,219/mo payment. Total monthly income is $4,966/mo. Return on cash invested measures 7.15% in year one, and rental yield stands at 4.04% at a $1,475,000 entry. Equity gained on principal adds $9,518/yr while 5% annual appreciation compounds into $407,515 by year five. Five-year ROI records 35.33% and total cumulative return in cash reaches $168,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,966/mo property income versus a $7,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60610, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,859 (100%) |
| Owner Occupied HU | 9,258 (28.2%) |
| Renter Occupied HU | 19,303 (58.7%) |
| Vacant Housing Units | 4,298 (13.1%) |
| Median Home Value | $546,047 |
| Average Home Value | $676,055 |
Housing Distribution
Address Breakdown
Residential
30,994
Single Family
2,310
Multi-Family
28,684
Businesses
1,175
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